Mallouppas & Papacostas Public CO LTD

UNAUDITED CONSOLIDATED PROFIT AND LOSS ACCOUNT

	Six months ended
	June 30	June 30
	2013	2012
	€	€
Turnover	15.447.760	17.015.321
Cost of sales	(9.352.875)	(10.336.951)
Gross profit	6.094.885	6.678.370
Other income	218.415	291.398
Administrative expenses	(1.046.863)	(1.327.031)
Selling and distribution expenses	(4.825.308)	(6.076.359)
Profit/(loss) from operations	441.129	(433.622)
Finance sot	(436.019)	(504.118)
Profit/(loss) before taxation	5.110	(937.740)
Taxation	(10.974)	(27.480)
Loss for the period	(5.864)	(965.220)
Loss for the period	(5.864)	(965.220)
Minority loss	1.087	875
Loss attributable to shareholders of parent company	(4.777)	(964.345)
Loss per share attributable to shareholders of
the Company (cents per share)
Basic and fully diluted	(0,01)	(2,23)

	June 30	December 31
	2013	2012
ASSETS	€	€
NON CURRENT ASSETS
Property, plant and equipment	8.913.382	9.549.652
Intangible assets	1.57.044	1.540.285
Investment property	29.346.118	29.334.966
Financial assets available for sale	60.539	70.221

	39.847.083	40.495.124
CURRENT ASSETS
Stock – Ready products	6.798.397	5.883.799
Stock – Property for trading and development	3.141.379	3.141.379
Trade and other debtors	1.817.147	1.977.306
Cash available and equivalent	3.244.553	3.038.081

	15.001.476	14.040.565

TOTAL ASSETS	54.848.559	54.535.689


EQUITY AND LIABILITIES
CAPITAL AND RESERVES
Share capital	14.691.694	14.691.694
Reserves	12.517.812	12.531.495
Equity attributable to shareholders
	27.209.506	27.223.189
Minority interest	352.484	353.571

Total equity	27.561.990	27.576.760

NON SHORT TERM LIABILITIES
Borrowing	10.718.066	11.896.534
Deferred tax liabilities	2.135.100	2.135.819

	12.853.166	14.032.353

SHORT TERM LIABILITIES
Bank overdrafts	6.111.488	4.990.964
Borrowing	1.288.218	1.544.603
Trade and other creditors	7.031.074	6.249.623
Current tax liabilities	2.623	3.496
	14.433.403	12.926.576

Total liabilities	27.286.569	26.958.929

TOTAL EQUITY AND
LIABILITIES	54.848.559	54.535.689